Fundamental analysis of MJTK stock involves analyzing its financial statements, apart from checking the Cannasys stock price. The income statement is a summary of the revenue or sales, expenses and profitability - shown as Net Income, or lack of it. When compared with the corresponding income statement from the past, the latest income statement shows how revenue has decreased from - to - and how operating and non operating activities have impacted the MJTK stock. The Cannasys profit and loss statement for 2017 Q4 shows a net profit of $-0.99M. Profits for last year was $-2.09M. Apart from this an investor should also check Cannasys assets and Cannasys free cash flow.

View and download details of revenue and profits for Cannasys for latest & last 40 quarters.

The key things to look for in an income statement while doing Cannasys stock analysis are:

Topline: A growing topline, as seen from the Cannasys revenue chart, as isn't the case with Cannasys indicates a sagging business. One needs to compare the QoQ topline or sales growth of MJTK stock with its peers like ZVLO stock and PBOX stock to see if the growth compares well with what can be expected from a company in that industry.

Bottom line: Most businesses like Cannasys try to grow their profits by growing their topline and by increasing their operating efficiency. A healthy bottom line growth implies a good investment.

The income statement is also called statement of revenue and expense. The MJTK financials along with Cannasys historical stock prices provide a lot of details about the firm.

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